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Stock impact report

Grand Canyon Education signals continued high single-digit online enrollment growth while expanding hybrid programs [Seeking Alpha]

Grand Canyon Education, Inc. (LOPE) 
Last grand canyon education, inc. earnings: 2/19 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.gcu.edu
Company Research Source: Seeking Alpha
Brian Mueller, Chairman & CEO, stated that Grand Canyon Education produced online enrollment growth of 9.6% and hybrid growth—excluding closed sites and those in teach-out—of 19.3%. New ground traditional enrollment grew in the high single Quick Insights Key growth drivers include diversified program offerings, strategic employer partnerships, strong retention, competitive tuition, increased marketing—particularly targeting younger online students—and the expansion of online prerequisite and hybrid campus programs. Management estimates a $3 million quarterly revenue risk from military tuition assistance students if the government shutdown persists, and acknowledges higher-than-expected benefit costs are impacting results, expecting these trends to continue into Q4. The company is expanding into education, business, counseling, social work, and technology programs, noting especially strong growth in business programs and a commitment to continued program diversity. Recommend Show less Read more
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